Jul 20, 2021 / 01:00PM GMT
Operator
Hello, and welcome to the Nolato Audiocast with Teleconference Q2 2021.
(Operator Instructions)
Today, I'm pleased to present Christer Wahlquist, CEO; and Per-Ola Holmstrom, CFO. Please go ahead with your meeting.
Christer Wahlquist - Nolato AB(publ)-President&CEO
Thank you, and welcome, everyone, to the presentation of Nolato's second quarter of 2021. I'm starting on Page 2 in the handout. And I can -- we had a new record quarter within Nolato Group, with sales close to SEK 2.8 billion, giving an organic growth of 11% during the quarter.
The GW Plastics acquisition, which we acquired first of September showed a strong performance quarter-on-quarter. We had an operating profit of SEK 336 million, giving a SEK 25 million increase of operating profit if we compare to second quarter last year. And we reached SEK 336 million raising a margin of 12.1% during the quarter.
The cash flow after investments amounted to SEK 346 million during the quarter. Turning to Page 3. On
Q2 2021 Nolato AB Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot